Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 30 - Mineral Resources |
Chapter XII - Office of Natural Resources Revenue, Department of the Interior |
SubChapter A - Natural Resources Revenue |
Part 1201 - General |
Subpart C - Oil and Gas, Onshore |
§ 1201.100 - Responsibilities of the Director for Office of Natural Resources Revenue.
Latest version.
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§ 1201.100 Responsibilities of the Director for Office of Natural Resources Revenue.
The Director is responsible for the collection of certain rents, royalties, and other payments; for the receipt of sales and production reports; for determining royalty liability; for maintaining accounting records; for any audits of the royalty payments and obligations; and for any and all other functions relating to royalty management on Federal and Indian oil and gas leases.
[47 FR 47768, Oct. 27, 1982. Redesignated at 48 FR 35641, Aug. 5, 1983, and further redesignated and amended at 75 FR 61066, Oct. 4, 2010]